Kazakhstan to propose candidate for IMF chief
Prime Minister Karim Masimov said Thursday he intends to nominate Kazakhstan National Bank Chairman Grigory Marchenko to lead the International Monetary Fund
Estonian gas market liberalisation plan to be completed by October
Estonian main electricity grid company Elering ordered an analysis from Pöyry Management Consulting (UK) Ltd on pro and contra arguments concerning liberalisation of the Estonian natural gas market and the plan on future activities, LETA/Delfi reports.
Missile defence in Europe no threat to Russia, US says
The United States insisted Wednesday that plans to stage missile defences in Europe does not pose a threat to Russia, after Russian President Dmitry Medvedev threatened to quit a key nuclear arms reduction agreement.
Kazakhstan set to freeze major gas project
Kazakhstan will freeze further development of its most promising gas field, Karachaganak, if it fails to resolve its dispute with foreign shareholders in the project, the Kazakh oil and gas minister said on Wednesday.
GE Gas Turbines to Provide Power for Sochi, Russia
Abundance of Natural Gas, Favorable Gas Pricing Help Drive Demand for Gas Turbines --Power Producers Seeking Flexible, Efficient Methods to Meet Electricity Demand --GE Gas Turbines Surpass 300 Million Hours of Operation GE (NYSE: GE) today announced it will supply two advanced technology aeroderivative gas turbines that will help to power the 2014 Winter Olympic Games in Sochi, Russia. The latest in a series of gas turbine orders received by GE in recent months, the project underscores a strong global demand for flexible, cost-effective and efficient electricity generation.
Belarus 'Accepts' $3 Billion Loan
Finance Minister Alexei Kudrin said Tuesday that Belarus appeared to have accepted the terms of a $3 billion loan offered by a Russia-led group of former Soviet republics to save the teetering Belarussian economy from a disastrous collapse.
Nabucco Postponed, Turkmenistan Focuses on Trans-Caspian
Once again as it has before in its troubled history, the Nabucco pipeline consortium has announced a postponement of construction until 2013, citing a lack of supply contracts, Robert M. Cutler of the Asia Times reports. Gas would not start pumping until 2017
Eurozone talks in Brussels to focus on Greece
Eurozone financial ministers are to continue their talks in Brussels, with discussions now expected to focus on the dire state of the Greek economy.
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